$798,000 Active Under Contract

120 Juniper Hill Road

Reno, NV 89519

STR Status Unknown

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About This Property

This is a rare opportunity to own a premium 1.07-acre parcel located within Reno's highly coveted Juniper Hill neighborhood. The exceptional building site offers a private, wooded setting surrounded by sweeping mountain and meadow views. Enjoy the perfect balance of quiet, upscale seclusion and urban convenience, situated within Reno city limits. This parcel provides an ideal, high-density canvas to design and build a custom luxury estate. Residents will enjoy a distinctly peaceful, rural atmosphere that sits just minutes from Downtown Reno's dining and shopping, top-tier local schools, and Reno-Tahoe International Airport. With Lake Tahoe just a short drive away, this legacy property represents a truly unmatched location for your creating your dream home.

Listed by Benna Mountain Luxury Real Estate — Sierra Sotheby's International

Listing Details

Status Active Under Contract

MLS # 260010695

Days on Market 46

Property History

Aug 19, 2026

Listed for sale

$798,000

Aug 28, 2026

Pending

$798,000

Property Overview

Lot Size 1.07 acres

Property Type Land

APN 009-131-38

Exterior & Lot

Lot Features Gentle Sloping, Greenbelt, Level, Meadow, Open Lot, Pasture

View Meadow, Mountain(s), Park/Greenbelt

Financial

Annual Tax $3,142

Schools

Elementary School Gomm

Middle School Swope

High School Reno

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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis

STRUCTURAL SCORE —

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PROJECTED GROSS ANNUAL REVENUE

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Avg Nightly

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Occupancy

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Cap Rate

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STR Investment Analysis

STRUCTURAL SCORE

PROJECTED GROSS ANNUAL REVENUE

Avg Nightly

Occupancy

Cap Rate

Est. NOI Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.

We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.

NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.

Legal Occupancy

MONTHLY REVENUE

AVERAGE DAILY RATE

ADJUSTED OCCUPANCY

Estimates based on 2024-2025 comparable rental performance. Actual results vary.

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings

via bonus depreciation

Land Value

Improvement Basis

5-Year Property (18%)

15-Year Property (10%)

Tax Bracket:

Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$4,297 per month

Principal & interest

$4,035/mo

Property taxes

$262/mo

The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.

HOA dues

$0/mo

From MLS listing data.

Home insurance

$0/mo

Land — no home to insure, so no insurance estimate.

Down payment

20% ($159,600)

Home price

$798,000

Loan details

30-yr fixed, 6.5%

Start Time

End Time

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